Monday, November 30, 2020 10:55:32 PM
$GMHI $LAZR Things could get very interesting here. I have a feeling the young scholar CEO Russel has a major trick up his sleeve. Here is a list of upcoming conferences:
Goldman Sachs Global Automotive Conference
Date: December 4, 2020
Presentation Time: TBC
Macquarie Next Generation Automotive Technologies Corporate Day (Japan)
Date: December 7, 2020 (December 8, 2020 in Japan)
Presentation Time: 5:30 p.m. PT / 8:30 p.m. ET
Barclays Global Technology Conference
Date: December 9, 2020
Presentation Time: 8:30 a.m. PT / 11:30 p.m. ET
The Goldman Sachs conference couldn't be a better place to drop some massive news. CEO already admitted the next big partner will be announced soon. With the merger going through in the next few days and a cluster of large conferences simultaneously, I think it's safe to say Russell is going to drop the bombshell this week, to maximize on the PR. (That's what I would do).
Here is where it gets very intriguing. There is chatter that it could be NIO. And IMHO, that is a very real possibility. Not sure about the accuracy, but this article states they are Luminar and Nio are "partners". "Bear in mind that Luminar has partnered with around 50 automakers, including NIO."
https://wccftech.com/nio-may-be-able-to-outpace-teslas-autopilot-feature-if-it-integrates-the-lidar-offered-by-luminar-technologies/
Now we also know that Mobileye, who Luminar just signed a massive deal with, also is partnered with NIO.
https://newsroom.intel.com/news/mobileye-nio-partner-bring-level-4-autonomous-vehicles-consumers-china-beyond/#gs.m9r01p
And look at this hidden gem I found. One of the main software engineers at Luminar, formerly worked at NIO as well.
https://www.linkedin.com/in/sripathivenky/?fbclid=IwAR2zP2sz4YCdYsZFN_HsAB4kwkl8greWkLVmxbFNnbK4xqwCuBv83YhIV8w
IMHO I don't think it's out of the realm of possibility that Luminar might be announcing a partnership with NIO. If so, I will adjust my price target to $55. (Not saying it will maintain that price, but on hype I could see it).
All IMHO and best of luck. I am long $GMHI / $LAZR
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